People have been crapping on Facebook for making judgement calls on what's allowed on its platform. When Facebook does so without government backing, people get up-in-arms saying that it should be the government's role to decide free speech. But when the company goes and requests that government start doing that, people get up-in-arms about how it'll be "regulatory capture".
I can't predict what the outcome of all of this will be. I can however, predict that there will be an angsty article (Bloomberg? New York Times? Wall Street Journal?) decrying how Facebook is awful, evil, and incompetent.